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Tag: Ikea

Ikea To Open Store In Navi Mumbai
Apparel and Textile News Retail News

Ikea To Open Store In Navi Mumbai

Swedish home furnishing major ‘Ikea’ has purchased its first land parcel in Mumbai Metropolitan region to build a 4,00,000 sq. ft. store. This will be Ikea’s second store in the country after Hyderabad. The 23-acre site is strategically located in Navi Mumbai on the Thane-Belapur Road, the company said in a statement. The Hyderabad store […]

Relaxation In Sourcing Norm Sought
Apparel and Textile News Trade Info News

Relaxation In Sourcing Norm Sought

Swedish home furnishings major IKEA which has committed for Rs 12,500 crore investment in India, has sought relaxation from the government for five years over mandatory 30 per cent local sourcing norms from opening of its first store in India, the company in a statement said. Ikea said it needs some time “to build a […]

Apparel and Textile News Apparel Brands and Companies

FY 14, A Good Year For IKEA

With textile making upto 70 per cent of the exported volume, the Sweden-based IKEA continued its support to cotton farmers in India through skill development, seeds selection, harvesting, water management, less use of chemicals and pesticides and marketing. Set up in 1943, the IKEA business idea supports the vision by offering a wide range of […]